Subject: File No. SR-OCC-2024-001
From: Ian Gilmer

I am opposed to this rule and support the SEC's goal of not adopting it. We need more transparency in the markets, not less like this rule proposes. The added risk of systemic collapse due to high volatility could cause a cascade of Clearing Member failures. Why would such a rule be implemented except to perpetuate a two tiered system where US citizens and retail investors are on the hook to facilitate Clearing Member risks? Furthermore, without opportunity for a full public review, this proposal should be rejected on that basis alone.